AIMCo and CCMP Enter Agreement to Sell BGIS to Veritas Capital
Edmonton – AIMCo, alongside its investment partner, CCMP Capital Advisors, LP (“CCMP”), has entered into an agreement to sell BGIS to Veritas Capital. AIMCo originally co-invested in the company in 2019 and has supported its growth alongside CCMP and management over the ownership period. Since that time, BGIS has expanded its global footprint, delivered strong business performance and strengthened its position as a leader in integrated facilities management services. The Markham-based company has continued to grow internationally while serving major organizations across Canada and Alberta.
The transaction marks an important milestone in a long-term investment and is expected to deliver a positive outcome for AIMCo clients. It reflects the value created over the ownership period through the combined efforts of the BGIS leadership team, employees, investment partners and shareholders.
"The investment is a strong example of AIMCo’s private equity strategy in action: investing alongside trusted partners and leading operators to support growth and generate long-term value for clients we serve,” said Peter Teti, Senior Executive Managing Director, Global Head of Private Assets. “We are proud of what has been achieved alongside CCMP and the BGIS management team over the ownership period and pleased to see this exceptional Canadian company well positioned for its next phase of growth under Veritas Capital.”
For additional details, please see the official announcement issued by Veritas Capital.
About Veritas Capital
Veritas is a longstanding technology investor with over $54 billion of assets under management and a focus on companies operating at the intersection of technology and government. The Firm invests in companies that provide mission-critical products, services and software, primarily technology and technology-enabled solutions, to government and commercial customers worldwide. Veritas seeks to create value by strategically transforming the companies in which it invests through organic and inorganic means. Leveraging technology to make a positive impact across vitally important areas, such as healthcare, education, energy and national security, is core to the Firm. Veritas is a proud steward of national and global assets, focused on improving the quality of healthcare while reducing cost, advancing educational systems, accelerating energy transition and protecting our nation and allies. For more information, visit veritascapital.com.
About CCMP
CCMP Capital Advisors, LP (“CCMP Capital”) successfully invested in middle market buyouts and growth equity in high growth companies for two decades. CCMP Growth Advisors (“CCMP Growth”) was formed as the successor firm to CCMP Capital in 2022 as part of a long-planned transition to the next generation of leadership to manage new capital deployment. CCMP Growth focuses on buyout and growth equity investments in high-growth, lower middle market companies in the industrial and consumer sectors, primarily in North America. More information about CCMP Growth is available at ccmpgrowth.com.
About AIMCo
Alberta Investment Management Corporation (AIMCo) is one of Canada’s largest and most diversified institutional investment managers with more than CAD$194.7 billion of assets under management as at December 31, 2025. AIMCo invests globally on behalf of pension, endowment, insurance, and government funds in the Province of Alberta. With offices in Edmonton, Calgary, Toronto, London, and Luxembourg, AIMCo’s more than 200 investment and risk professionals bring deep expertise in a range of sectors, geographies, and industries.